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WHICH TRUMP IS GOVERNING?

One would think that Trump the businessman would abhor the heavy-handed use of governmental power against a private company that might increase production costs and degrades efficiency. However, like former President Obama, Trump the politician appears to have no problem with picking winners and losers to make a political point and play to his base.

Trump threatens to slash GM subsidies after the automaker announced layoffs, factory closings

One might expect extreme rhetoric from the President of the United Autoworkers Union, but not from the President of the United States.

However, the not-so-veiled threats continued in an interview with the Wall Street Journal.

A GM spokesman confirmed the conversation took place but declined to respond directly to Mr. Trump’s comments. <Source>

Bottom line…

Whatever President Trump is, he is not a constitutional conservative or free market capitalist willing to let the marketplace and competition determine the winners and losers. I can understand the President wants to protect workers, but interfering in a company’s non-regulatory private affairs is just a ruinous as former President Obama dictating change from the Oval Office which nearly destroyed our system of health care to extend coverage to a marginal number of individuals who were suddenly placed on the welfare medical program known as Medicaid.

Considering that President Trump may be winging it like Obama, one hopes that his extra-constitutional behavior is held in check by the Congress and Judiciary in an example of the Founder’s concept of checks and balances.

Let us hope that Trump’s business advisory team explains the danger of playing winners and losers with the affairs of private companies and individual workers.

-- steve

"The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius

“A people that elect corrupt politicians, imposters, thieves, and traitors are not victims... but accomplices” -- George Orwell

Comments

WHICH TRUMP IS GOVERNING?

One would think that Trump the businessman would abhor the heavy-handed use of governmental power against a private company that might increase production costs and degrades efficiency. However, like former President Obama, Trump the politician appears to have no problem with picking winners and losers to make a political point and play to his base.

Trump threatens to slash GM subsidies after the automaker announced layoffs, factory closings

One might expect extreme rhetoric from the President of the United Autoworkers Union, but not from the President of the United States.

However, the not-so-veiled threats continued in an interview with the Wall Street Journal.

A GM spokesman confirmed the conversation took place but declined to respond directly to Mr. Trump’s comments. <Source>

Bottom line…

Whatever President Trump is, he is not a constitutional conservative or free market capitalist willing to let the marketplace and competition determine the winners and losers. I can understand the President wants to protect workers, but interfering in a company’s non-regulatory private affairs is just a ruinous as former President Obama dictating change from the Oval Office which nearly destroyed our system of health care to extend coverage to a marginal number of individuals who were suddenly placed on the welfare medical program known as Medicaid.

Considering that President Trump may be winging it like Obama, one hopes that his extra-constitutional behavior is held in check by the Congress and Judiciary in an example of the Founder’s concept of checks and balances.

Let us hope that Trump’s business advisory team explains the danger of playing winners and losers with the affairs of private companies and individual workers.